FM Innovators' Blog

FM Tech - PropTech’s BIG Little Sister

Nov 08, 2021
Note: Originally published:

PropTech vs. FMTech

Until recently, in the FM community, only the PropTech startup ecosystem was getting clear attention. These digital solutions applied to property and to the broad  Real Estate market do not all cover all the daily activities of facility managers; especially those not working for commercial real estate corporations. In the FM context, PropTech talks most of the time about solutions for office buildings like Workplace Management, but facility managers activities extend beyond office buildings, covering facilities in other built environments like hotels, factories, hospitals and more.

If we break down the differences and similarities between facility managers and property managers – both take care of their buildings, but big difference is that for real estate companies, the building IS the business, while for facility managers, the building...

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